Insider Selling: Janus Henderson Group (NYSE:JHG) CEO Sells $6,269,283.84 in Stock

Janus Henderson Group plc (NYSE:JHG) CEO Ali Dibadj sold 127,632 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $49.12, for a total value of $6,269,283.84. Following the completion of the sale, the chief executive officer owned 449,078 shares in the company, valued at $22,058,711.36. This represents a 22.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Janus Henderson Group Trading Down 0.0%

Shares of JHG stock opened at $49.02 on Friday. The stock has a market cap of $7.57 billion, a P/E ratio of 9.32, a price-to-earnings-growth ratio of 1.40 and a beta of 1.54. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $49.82. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.07. The stock has a 50 day simple moving average of $47.75 and a 200 day simple moving average of $45.18.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Friday, January 30th. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.19 by $0.82. The company had revenue of $996.60 million during the quarter, compared to analysts’ expectations of $763.09 million. Janus Henderson Group had a return on equity of 14.70% and a net margin of 25.83%.Janus Henderson Group’s revenue was up 61.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.07 EPS. On average, research analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on JHG shares. Morgan Stanley raised their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. TD Cowen downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price target on the stock. in a research report on Tuesday, December 23rd. Evercore decreased their price objective on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a research report on Monday, December 22nd. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. Finally, Wall Street Zen raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $47.67.

Hedge Funds Weigh In On Janus Henderson Group

A number of institutional investors have recently modified their holdings of the company. Cibc World Market Inc. increased its stake in shares of Janus Henderson Group by 2.9% during the third quarter. Cibc World Market Inc. now owns 8,429 shares of the company’s stock valued at $375,000 after purchasing an additional 234 shares in the last quarter. AMG National Trust Bank boosted its position in shares of Janus Henderson Group by 0.9% in the 2nd quarter. AMG National Trust Bank now owns 26,738 shares of the company’s stock worth $1,039,000 after purchasing an additional 237 shares in the last quarter. Addison Advisors LLC grew its stake in shares of Janus Henderson Group by 42.3% in the 3rd quarter. Addison Advisors LLC now owns 818 shares of the company’s stock worth $36,000 after buying an additional 243 shares during the last quarter. J. W. Coons Advisors LLC increased its position in Janus Henderson Group by 2.5% during the 2nd quarter. J. W. Coons Advisors LLC now owns 10,663 shares of the company’s stock valued at $414,000 after buying an additional 265 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in Janus Henderson Group by 5.9% during the second quarter. PNC Financial Services Group Inc. now owns 4,931 shares of the company’s stock valued at $192,000 after buying an additional 274 shares during the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Company Profile

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.